Phil Dow
Phil Dow
months several turnaround
We've got to get through that and it's probably several months before we get a turnaround in any sectors,
companies earnings economic feature fed focal guess market miss money months move past point powerful rally reports season sentiment talked three
We're at the tenderloin of the earnings season and you are going to see powerful earnings reports from a lot of companies this week, and I think while we have got economic reports, earnings are going to be the focal point of the market right now, ... I think one feature that we've not talked a lot about is just the sentiment on the part of professional money managers. They have had to be kind of tentative the past two or three months with the Fed hiking. My guess is the one move they can't miss is a big up move here, and I think you could have a train-leaving-the-station kind of rally as institutions come into this marketplace.
coming environment lead months six three tough
Guidant may see three to six months of tough competitive environment with competitors coming out with innovation, but after that we think they're going to really lead the marketplace with innovation,
companies people rest sector software spending tech thinking waiting
These software warnings have got people thinking that companies aren't spending their wads of cash. There may have been some unrealistic expectations, so I'm waiting to see how the rest of the tech sector does.
balance company equipment financial firm great throw waters
We like Waters Corporation, ... It's a company that specializes in equipment for biotech research, great balance sheet, firm fundamentals. In financials, we would throw in Wells Fargo, TCF Financial Corporation, and Citigroup.
bit doubt economic longer market mosaic pieces seeing short stock support sustained term together
Bit by bit we are seeing the pieces of the economic mosaic come together that could support a sustained stock market rally, at least in the short term ... But in the longer term, there are still significant questions, no doubt about it.
clearly great leader shot
We think Nokia is clearly going to be the leader in handsets, ... And we think they've got a great shot at infrastructure as well.
activity investors negative news traders trading
The trading activity has a negative bias. The news has been negative and it's frustrating for investors and traders alike.
immediate looking safe
I think if you're looking for immediate gratification, there's probably no place that's real safe to buy,
folks names
I think most folks are under-diversified, and I'd like to see more names in a portfolio,
cash compelling flow quite standpoint stock value
From a cash flow standpoint and a value standpoint, the stock is quite attractive, ... I think those are all compelling arguments for long-term ownership.
gradually historical moves series shock terrible
If we have a series of big moves up, that would be a shock to the system, ... but, considering where are from a historical perspective, they could go up more gradually and not be a terrible headwind for the market.
buying expanding transition turned yesterday
My sense is that we may be at a really important transition point. Yesterday was a pretty important day. (The market) turned around on expanding volume, which indicated some real buying going on.
beginning critical early good guess invested january money positive year
My sense is that January is going to be critical this year and I think you can see a good beginning to the month. I think you can see a positive January and my guess is that's how you're going to see money invested -- early and strongly.